World Bank Supports Kiribati in Transforming Kiritimati Island into New Center of Growth
Kiribati, Feb. 11 -- The World Bank has recently approved a new USD 110 million (AUD 175 million) grant to boost sustainable economic development of Kiritimati Island in Kiribati. The project will support the government in transforming Kiritimati Island through new and improved climate resilient transport links and infrastructure development. Kiribati is uniquely vulnerable to the effects of climate change and sea level rise. In South Tarawa, the country's capital, where half of Kiribati's population live, growing pressures on public services and limited job opportunities continue to create challenges. These are further exacerbated by the country's remoteness and a lack of transport links limiting Kiribati's access to markets and more. This...
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